Sanjay Jha has stopped the death spiral at Motorola Mobility Holdings Inc. by breaking into the market for high-end smartphones and tablets. But the CEO hasn't had the same healing touch with the company's shares.

Dennis Gannon, who retired in 2010 after eight sometimes-bruising years as head of the Chicago Federation of Labor, has landed a new job in the hedge-fund world, working for a friend of Mayor-elect Rahm Emanuel's.

(Crain's) — A subsidiary of Waterton Associates LLC bought the 124 unsold units in a River West condo building and plans to convert them into apartments, a deal that allows the developer to extract himself from the debt-laden project.

Business of Life

The folks at Hoyt's, the new restaurant in Hotel 71, call it an American, neighborhood tavern, but it reminds me more of a tony spa, done up in Zen-like neutrals and organic textures, with chic, creamy white chairs bordering the U-shaped bar.

People

Opinion

Mayor-elect Rahm Emanuel believes in “putting points on the board.” As a congressional leader and White House adviser, he pushed for quick legislative victories to generate momentum and create an aura of success.

Chicago is becoming a major hub of innovation. Our city's community of innovators is developing a strong and results-oriented reputation. However, we have more work to do to further elevate Chicago as a magnet for entrepreneurs and serial innovators.